11338 Emmanuel Ct, Fishers, IN, 46038 | $479/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11338 Emmanuel Ct, Fishers, IN, 46038 | $479/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Fishers at 11338 Emmanuel Ct, Fishers, IN, 46038 earns $479/mo cash flow from $2,520/mo rent with a $1,664/mo payment. Total monthly income totals $2,520/mo, and annual cash flow totals $5,750/yr on $112,710 capital. ROI tracks 25.01% on current figures, and rental yield reads 8.89% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 129.98% and total cumulative return in cash sums $146,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.

Single Family

Built in 1996

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

This home is as cute as they come! Situated on a low traffic, cul-de-sac lot within walking distance to all that downtown Fishers has to offer including the Nickel Plate trail. You will be warmly greeted by a large functional, east facing front porch to enjoy your morning coffee. Inside you will find engineered hardwood flooring and Shaker-style doors throughout, updated kitchen and bathrooms with solid surface countertops, under cabinet lighting, stainless steel appliances, can lighting in the Great Room, walk-in closets in all bedrooms, and a private patio area that will draw you out to it. Fully fenced backyard is pet-friendly. Washer, dryer, water softener, and water filtration system also included!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46038, Fishers, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,703 (100%)
Owner Occupied HU	11,695 (66.1%)
Renter Occupied HU	5,365 (30.3%)
Vacant Housing Units	643 ( 3.6%)
Median Home Value	$349,324
Average Home Value	$388,268